New South Wales Budget spends on health and schools, with slower growth ahead
Client AlertThe NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.
Congratulations to our new Partners and Principal. Read more now.

In tomorrow's taxes, ESG isn't an option – it's the norm. ESG has moved beyond just a buzzword and is becoming a pillar of business strategy, profoundly influencing client decision-making and reshaping the fiscal landscape.
Watch back our webinar, where we'll delve into essential strategies designed to future-proof your tax practices. Our panel will explore impactful Governance practices, recent developments in innovation incentives, how to navigate global mobility challenges, Fringe Benefits Tax complexities, unveil customs duty strategies, and share a client case study for practical application.
This session will equip you with tools to prepare for future tax practices and embrace ESG as the cornerstone. Save your spot now to stay ahead of the curve in a tax landscape where ESG isn't just a trend, but the driving force.
Partner & Head of Financial Services - Tax
Partner
Partner
Partner
Partner
Senior Manager – Transfer Pricing
The NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.
On Tuesday 23 June 2026, Treasurer David Janetzki handed down his second state budget alongside Premier David Crisafulli. Deficits are forecast throughout the forward estimates, with a surplus of $619m projected for 2029-30.
The Government has announced revisions to several tax measures in the Budget, affecting capital gains tax treatment for small businesses, a special carve-out for start-ups, and a conditional exclusion for discretionary testamentary trusts from the 30 per cent tax on trusts.